Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) are as follows, providing insights into the interest rates for various international and regional currencies across different time frames.
According to Qatar News Agency, the deposit rates for USD range from 4.12649% for a one-month deposit to 3.63145% for a twelve-month deposit. The Japanese Yen (JPY) maintains a steady rate starting at 0.40000% for one month, increasing slightly to 0.60000% for a twelve-month deposit. The Swiss Franc (CHF) shows negative rates, beginning at -0.14000% for one month and improving to -0.04000% for both six and twelve months. The British Pound (GBP) offers rates from 3.90000% for one month up to 4.18000% for twelve months.
For regional currencies, the Qatari Riyal (QAR) deposit rates start at 4.60000% for one month and decrease to 4.02500% for twelve months. The Saudi Riyal (SAR) maintains a high rate of 5.00000% for most terms, except for twelve months, which slightly declines to 4.95000%. The UAE Dirham (AED) begins at 2.05000% for one month and increases to 3.15000% for twelve months. The Bahraini Dinar (BHD) holds steady at 4.75000% for most terms, but drops to 4.25000% for twelve months.